UL Solutions (ULS) CEO receives RSU dividend equivalent awards in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UL Solutions Inc. President and CEO Jennifer F. Scanlon reported three compensation-related equity transactions. On June 8, 2026, she acquired awards of 54, 42, and 32 Restricted Stock Units (RSUs), each at $0.00 per unit and each RSU representing one share of Class A Common Stock.
The footnotes state these RSUs represent accrued dividend equivalent rights on RSUs she already holds. These dividend equivalents vest in three equal installments on the first, second, and third anniversaries of May 1, 2024, April 1, 2025, and April 1, 2026, respectively, matching the vesting schedules of the underlying RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Scanlon Jennifer F.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 42 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 54 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 21,454 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents accrual of dividend equivalent rights on RSUs held by the Reporting Person. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of May 1, 2024. Includes RSUs and all dividend equivalent rights that have accrued on such RSUs to date. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of April 1, 2025. The dividend equivalent rights accrued on RSUs held by the Reporting Person and vest proportionately with the RSUs to which they relate. The RSUs vest in three equal installments on the first, second and third anniversaries of April 1, 2026.
Key Figures
RSU award 1: 54 RSUs
RSU award 2: 42 RSUs
RSU award 3: 32 RSUs
+4 more
7 metrics
RSU award 1
54 RSUs
Grant/award acquisition on June 8, 2026; each at $0.00
RSU award 2
42 RSUs
Grant/award acquisition on June 8, 2026; each at $0.00
RSU award 3
32 RSUs
Grant/award acquisition on June 8, 2026; each at $0.00
Shares per RSU
1 share
Each RSU equals one share of Class A Common Stock
Holdings after RSU award 1
36,509 RSUs
Total RSUs following first June 8, 2026 transaction
Holdings after RSU award 2
28,576 RSUs
Total RSUs following second June 8, 2026 transaction
Holdings after RSU award 3
21,454 RSUs
Total RSUs following third June 8, 2026 transaction
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A Common Stock, vest in three equal installments
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Represents accrual of dividend equivalent rights on RSUs held by the Reporting Person"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Class A Common Stock financial
"one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest in three equal installments financial
"The RSUs vest in three equal installments on the first, second and third anniversaries"
FAQ
What insider transactions did UL Solutions (ULS) report for Jennifer F. Scanlon?
Jennifer F. Scanlon reported three equity compensation transactions. She acquired awards of 54, 42, and 32 Restricted Stock Units, each at $0.00 per unit, tied to existing RSUs. These reflect routine accruals of dividend equivalent rights rather than open-market trades.
Are the June 8, 2026 UL Solutions (ULS) Form 4 transactions open-market buys or sells?
The transactions are not open-market buys or sells. They are coded as grants or other acquisitions of Restricted Stock Units at $0.00 per unit, representing accrued dividend equivalent rights on existing RSUs, according to the transaction data and accompanying footnotes.
What do the RSU awards to the UL Solutions (ULS) CEO represent?
Each Restricted Stock Unit represents a contingent right to receive one share of UL Solutions Class A Common Stock. The awards reported for the CEO represent dividend equivalent rights that accrued on previously granted RSUs, aligning compensation with dividends declared on the underlying shares.
How do the UL Solutions (ULS) CEO’s RSU dividend equivalents vest?
The dividend equivalent rights vest proportionately with the related RSUs. Those linked to specific grants vest in three equal installments on the first, second, and third anniversaries of May 1, 2024, April 1, 2025, and April 1, 2026, matching the original RSU schedules.
What are dividend equivalent rights in the UL Solutions (ULS) Form 4 filing?
Dividend equivalent rights mirror dividends paid on common shares for unvested RSUs. In this filing, they accrue on RSUs held by the CEO and are credited as additional RSUs. These new units vest over time alongside the original RSU awards, as described in the footnotes.